A Global Comparison of Insider Trading Regulations

James H. Thompson

Abstract


As the business world continues to expand in global markets, trading of shares, bonds, derivatives and other instruments continues to increase.  One form of trading that has received considerable interest in recent years is insider trading.  Insider trading occurs when individuals with potential access to non-public information about a corporation buy or sell stock of that corporation.  When the information is material and non-public, such trading is illegal.  However, if the trading is done in a manner that does not take advantage of non-public information, it is often permissible.  This study compares insider trading laws, penalties, and convictions in countries represented by the 14 largest securities markets throughout the world and provides data indicating that there are important differences.


Full Text:

PDF


DOI: http://dx.doi.org/10.5296/ijafr.v3i1.3269

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

To make sure that you can receive messages from us, please add the 'macrothink.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.

Copyright © Macrothink Institute ISSN 2162-3082

'Macrothink Institute' is a trademark of Macrothink Institute, Inc.